Koil Energy Solutions Inc. (KLNG)

[JoeSmith]

Sea-note, nice post. Methane hydrate is another alternative fuel that is just starting to get studied as a fuel source. Deep Down
is playing a part in that research effort.

China and India To Harvest Massive New Fuel Source: Crystal Methane
China, India, South Korea, Japan and Taiwan all are expressing a large interest in and financial commitment to developing a harvesting infrastructure for this promising resource.
http://www.dailytech.com/China+and+India+To+Harvest+Massive+New+Fuel+Source+Crystal+Methane/article10041c.htm

These are the kinds of prospects that have inspired others to emulate the Chinese researchers' success. Japan has built the world's largest research drilling ship, the Chikyu, primarily to study methane hydrate. India has invested €200 million to launch a major national program -- and has already reported successes.
http://www.spiegel.de/international/world/0,1518,523178,00.html


The research team aboard the scientific drilling vessel Chikyu also found a methane hydrate-rich zone at one drill site, spreading out just 220 to 400 metres below the seafloor. This solid form of water, also known as methane ice, is believed to develop on the seafloor and deep in the sedimentary structures due to migration of gas from the depth of the Earth along geological faults that then crystallises on contact with cold sea water as a result of temperature and pressure. The ice contains large amounts of methane and is considered by some as a future source of fossil energy. However, critics stress that methane is a powerful greenhouse gas, which might have been responsible for past climate changes and might contribute to future climate changes.
http://www.yomiuri.co.jp/dy/features/science/20071215TDY18005.htm
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My posts are my opinions. Always dd to your own comfort level.